The launch makes J.P. Morgan the only issuer in the country to offer derivative warrants linked to all three key U.S. stock indices, including S&P 500 and Nasdaq 100.
Bangkok, Thailand, May 27, 2021 – In a first for the Thailand warrants market,
J.P. Morgan will issue derivative warrants linked to the Dow Jones Industrial Average (DJI), a stock market index that tracks the performance of some of the biggest companies by market capitalization in the United States. The new derivative warrants will start trading on the Stock Exchange of Thailand tomorrow (Friday).
The DJI warrants is J.P. Morgan’s third investment instrument that provides Thai retail investors exposure to the U.S. markets during local trading hours, following the bank’s rollout of its S&P 500 and Nasdaq 100 warrants over the past year. The launch makes J.P. Morgan the only issuer in Thailand to offer derivative warrants linked to all three key U.S. stock indices.
“We are excited to continue our momentum as a leading issuer of derivative warrants in Thailand, providing investors the opportunity to diversify their portfolio with well-known, blue-chip stocks in the DJI. We will continue to leverage the breadth of our international network and work closely with the regulators to broaden the variety of derivative warrants offerings to meet the demands of Thai investors,” said Pakorn Buranakul, Chief Executive Officer of JPMorgan Securities (Thailand) Limited.
J.P. Morgan launched its derivative warrants business in Thailand in 2018 and has since listed more than 1,000 warrants on the Stock Exchange of Thailand.
Separately, the global financial services provider will also issue the DJI derivative warrants in Hong Kong, set to begin trading on Friday. J.P. Morgan is the top player in Hong Kong’s derivative warrants business in terms of cumulative sales of warrants since 2014, and Hong Kong is the world’s largest structured products market for the 14th consecutive year, with the total turnover of securitized derivatives at $4,597.3 billion based on data from the 2020 Hong Kong Exchanges and Clearing Limited annual report.
For more information, please visit www.JPMorganDW41.com or call J.P. Morgan DW41 hotline 02-684-2600 for the full list of products on offer.
About J.P. Morgan
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com
The Dow Jones Industrial Average® Index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by J.P. Morgan Securities (Asia Pacific) Limited and JPMorgan Securities (Thailand) Limited (“J.P. Morgan”). Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by J.P. Morgan. The products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Dow Jones Industrial Average® Index.
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